Lot 29

FORMER WAREHOUSE WITH PLANNING FOR CONVERSION

3-5 Madford Lane, Launceston, Cornwall, PL15 9EB
Sold £97,000

An opportunity to acquire this substantial former warehouse building situated in the East of the County within the historic town centre of Launceston.

Planning Permission has been approved to create a mixed use scheme comprising three retail units and an office.

Individuals may wish to consider amending the current approval to create a scheme incorporating residential use. Any amendments would be subject to all necessary consents being obtainable.

Planning

Planning Permission has been granted by Cornwall Council under ref: PA16/06676, dated 7th September 2016, for the renovation of existing warehouse building, restoring to original 3 unit layout for use as retail units and office space including new shop fronts, subject to conditions. A copy of the Planning Consent and associated documents will be available for inspection from the Clive Emson website or the Local Planning Authority's website.

A building control application lodged with Cornwall Council dated 10th April 2017 under ref: BC17/00643/IAPPLY confirms building work to have started.

Proposed Accommodation

Unit One

Ground Floor

Shop floor with shop counter.

First Floor

Retail area, kitchenette and cloakroom with W.C.

Outside

Courtyard to rear.

Unit Two

Ground Floor

Shop floor with shop counter.

First Floor

Retail area and cloakroom with W.C.

Unit Three

Ground Floor

Shop floor with shop counter and kitchenette.

First Floor

Retail area and cloakroom with W.C.

Office Unit

Ground Floor

Private entrance to rear.

Third Floor

Open plan office space with kitchenette and cloakroom with W.C.

Local Planning Authority

Cornwall Council. Tel: 0300 1234 151. Website: cornwall.gov.uk.

Freehold with Vacant Possession

Important

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/